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Name: The Name of the corporation is LA PLAZA TELECOMMUNITY FOUNDATION
Registered Office: The Address of the initial registered office of the
corporation shall be P.O. Box 468, Taos, New Mexico 87571. The registerd
agent is Patrick Finn at 273 State Road 240, Taos, NM 87571.
Purpose: This corporation is organized for the purpose of transacting
any and all business for which a non-profit corporation may be incorporated
under the laws of this State, as they may be ammended from time to time,
except said corporation is organized exclusively for charitable and educational
purposes, within the meaning of Section 501(C)(3) of the Internal Revenue
Code of 1986, or the corresponding provisions of any future United States
Internal Revenue Laws.
Specific Business: The specific business for which this corporation
is organized and intends to actually conduct in this state, which shall
not limit the character of the exempt activities which this corporation
may ultimatly conduct are as follows:
Incorporators: The Name and Address of the incorporator of this corporation
is:
Patrick Finn
257 State Road 240
Taos, NM 87571
La Plaza Telecommunity Foundation shall be a membership organization
governed by dues paying members
Board of Directors: The Business and affairs of this corporation shall
be conducted by a Board of Directors who shall number not less than three,
nor more than eleven members. They shall be elected by the membership to
terms of one(1) year and shall govern in accordance with the terms set forth
in the By-Laws of the corporation. An affidavit signed by each director
consenting to be a director is on file with the corporation. The names
and addresses of the persons who are appoited to serve as directors of this
corporation until the first Annual Meeting of the Board of directors, or
until their successors are elected and qualified are:
Richard Bryant
1421 Mesa Vista Rd
Taos NM, 87571
Patrick Finn
257 State Road 240
Taos, NM 87571
Buck Little
95 Apache Canyon Rd
Taos NM 87571
Erick K Albrecht
1016 Calle del Monte
Taos NM 87571
Limitations: No part of the net earnings of the corporation shall inure
to the benefit of, or be distirbuted to, it's directors, officers, or any
individual, except that the corporation shall be authorized and empowered
to pay reasonable compensation for services rendered to or for the corporation
affecting one or more of it's purposes, and no director, officer of the
corporation or any private individual shall be entitled to share in the
distribution of any of the corporate assets on dissolution of the corporation.
Legistlation: No Substantial part of the activities of the Corporation
shall be carrying on of propaganda, or otherwise attempting to influence
legislation, and the corporation shall not participate in, or intervene
in (including the publishing or distribution of statements) any political
campaign on behalf of any candidate for public office.
Distribution of Income: The income of the corporation for each taxable
year shall be distributed at such time and in such manner as not to be subject
to the tax on undistributed income imposed by section 4942 of the Internal
Revenue Code of 1986 or corresponding porvisions of any subsequent federal
tax laws (the "Code") the corporation shall not:
Dissolution: Upon dissolution or final liquidation of the corporation
the assets of the corporation shall be distributed, subject to the provisions
of Section 53-8-48, NMSA 1978 governing application and distribution of
assets of a New Mexico nonprofit corporation, to organizations organized
exclusively for charitable or educational purposes which would then qualify
under the provisions of Section 501(c)(3) of th Code and it's regulations
as they now exist or as they may be ammended.
The Corporation, in any and all of it's operations shall have a non-discriminatory
policy and shall not discriminate against applicants on the basis of sex,
sexual orientation, race, color, national/ethnic origion or disability
Private Property: The private property of the directors, members, if
any, officers, employees and agents of the corporation shall be forever
exempt from any and all debts of every kind and nature incurred by the corporation,
and as authroized by the laws of the State of New Mexico
Directors Liability: No Director of this corporation shall be personally
liable to the corporation for monetary damages for breach of fiduciary duty
as a director; provided however, that this article shall not be construed
as eliminating or limiting the liablity of the director or more of the following
acts, namely: (1) a breach of duty or loyalty to the corporation, (2)Any
acts or ommisions which are not in good faith or which involve intentional
misconduct or a knowing violation of the law, (3)The authorizing of an unlawful
payment or distribution out of the corporate assets, (4)Any transaction
made in furtherance of the exempt purposes of the corporation which the
director derived and improrper personal benefit, or (5)Any act or acts that
can be defined under the laws of this state as 'director Conflicts of Interest'
ANNUAL Meeting: The annual meeting of the board of directors is to be
held at a place either within or without this state as fixed by the By-Laws
Duration: the existence of this corporation shall be perpetual unless
sooner terminated as provided by law.
IN WITNESS WHEREOF, I have set my hand this 31 day of August 1993
Patrick J Finn, Incorporator
State of New Mexico
County of Taos
On this 31 day of August 1993 before me the undersigned, a notary public
in and for the county of Taos, State of New Mexico, personally appeared
Patrick Finn, known to me to be the person whose name is subscribed to the
foregoing ARTICLES OF INCORPORATION, and acknowledge to me that he executed
the same for the purposes contained therin.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
My Commision Expires 9/12/94
Notary Public
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